Top Best Current Affairs 15 August 2020

As a part of India's efforts to contain the spread of COVID-19, India extended an assistance of 1 million USD to the government of Antigua and Barbuda to combat the global COVID-19 pandemic and to improve their health infrastructure and capacity.

Federal Bank has partnered with Fiserv, Inc. to enable the digitization of it's end-to-end card issuance and processing cycle to support the launch of the Federal Bank credit card, their 1st Independent Credit Card.

On August 12, 2020, the Reserve Bank of India (RBI) has mandated the urban co-operative banks (UCBs) with assets of Rs 2,000 crore or above as on March 31, 2020 to implement system-based asset classification from 30 June 2021.

First-of-its's-kind Katra (Union Territory of Jammu & Kashmir)-Delhi Express Road corridor works have begun and it is expected to be completed by 2023. It was announced by Union Minister for Development of North Eastern Region (M-DoNER), Dr. Jitendra Singh. The express Corridor is expected to reduce the travel time between Katra and Delhi to around six and half hours, the total outlay of the project is Rs. 35, 000 crores.

Patriots' day is observed annually on August 13 in Manipur. The Patriots' Day 2020 was observed to commemorate the 1891 Anglo-Manipuri war during which many Manipuris sacrificed their lives to safeguard the independence of the State.

Israel Defence Minister Benny Gantz, announced that Israel has successfully tested their advanced missile defence system, Arrow-2, a ballistic missile interceptor, which serves as the top tier integrated Israeli shield built to withstand various missile salvoes, was built with the support of the United States of America.

On 12th August, 2020, the State Cabinet of Odisha approved the various amendments to the Epidemic Diseases Act, 1897 which will enhance the penalty for violators of the COVID-19 regulations.In Accordance with the Ordinance, non-compliance of regulations will attract Imprisonment for a term, which may be extended to two years or with fine which can be extended upto Rupees One Lakh or with both.

Under the Unified Champion School(UCS) worldwide programme, the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan has committed USD 25 million to expand UCS(an initiative undertaken by the Special Olympics) to 6 countries namely, India, Argentina, Egypt, Pakistan, Romania and Rwanda with an aim to empower intellectually disabled children. The 4 year project will create 120 UCS across 12 states in India, which will play a pivotal role to make Indian education system more inclusive.